3366 Georgia 42 - Freestanding FOR SALE


Locust Grove, GA 30248
$14,958,000 USD
415-690-5522
3366 Georgia 42, Locust Grove, GA for Sale
$14,958,000 USD
Freestanding - FOR SALE
1/5
null | 5.85% Cap Rate

3366 Georgia 42
Locust Grove, GA 30248


HIGHLIGHTS

  • New 15-year net lease to Piedmont Healthcare. The Piedmont Healthcare system has over 2,100 physical locations
  • Rare 2.5% annual rental increases, ensuring consistent income growth
  • Tenant handles all taxes, insurance, and maintenance, excluding roof structure and capital improvements, providing a low-stress investment.
  • Piedmont reported net revenue of approximately $8 billion in 2024.
  • The system served over 4.5 million patients and logged more than 5.7 million clinic visits in 2024.
  • Piedmont plans further expansion of its rehabilitation network with new inpatient rehabilitation hospitals in Georgia.

OVERVIEW

The YAFC Team is pleased to present the exclusive opportunity to acquire a single-tenant medical facility leased to Piedmont Healthcare, located at 3366 GA-42 in Locust Grove, Georgia. This high-quality healthcare asset is leased to Piedmont Healthcare, Inc., one of the largest and most respected not-for-profit health systems in the Southeast, providing investors with secure, long-term income backed by an investment-grade tenant. Strategically positioned in the growing South Atlanta submarket of Locust Grove, the property benefits from strong visibility along Georgia Highway 42 and convenient access to Interstate 75, one of Georgia’s busiest transportation corridors. The facility serves as a key outpatient care location within the Piedmont Henry Hospital network, providing essential primary care and specialty medical services to the rapidly expanding population of Henry County and the surrounding region. The property is subject to a long-term net lease, offering passive, stable income with limited landlord responsibilities. As healthcare providers continue expanding outpatient and ambulatory care facilities to meet growing patient demand, this location is strategically positioned to benefit from long-term demographic and industry trends supporting medical real estate. This offering represents a rare opportunity to acquire a mission-critical healthcare property operated by a leading regional hospital system, supported by strong market fundamentals, population growth, and sustained demand for quality medical services in suburban Atlanta.

FOR SALE DETAILS

PRICE

$14,958,000 USD

PRICE/SF

$598 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Piedmont Healthcare

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

73

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,132 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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Vincent AicaleCushman & WakefieldMore Info
415-690-5522

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.